combined ratio
C2CEFR level
85/100Rarity: very rare
TechnicalRegister
Losses plus expenses as a percentage of premium, showing whether underwriting alone turns a profit.
A combined ratio of 97 means we made an underwriting profit before a penny of investment income.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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